Contact details

Nick Axup

T: +44 20 7809 2979 M: +44 7885 250 184 Email Nick | Vcard Office: London

Awards

Nick Axup Senior associate

Contact details

Nick Axup

Nick Axup
Senior associate

T: +44 20 7809 2979 M: +44 7885 250 184 Email Nick | Vcard Office: London

Nick is a commercial litigation senior associate specialising in restructuring and insolvency; fraud and asset tracing; and financial litigation. The cases he is involved in often require expertise in all these areas and he regularly acts on cross-border litigation representing clients in the High Court, in arbitration and at mediation.
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Nick specialises in the department's key sectors of restructuring and insolvency; fraud and asset tracing; and financial litigation. He regularly acts on cross-border litigation and has experience of other jurisdictions such as Jersey, the Isle of Man, BVI, Cyprus and Singapore. He has recent experience of many interlocutory applications including freezing orders, receivership orders, disclosure and delivery up orders, and security for costs. He represents clients in the High Court, in arbitration and at mediation.

His insolvency work is focussed on contentious matters including Insolvency Act applications and full-bore litigation often involving fraud and asset tracing. He acts for insolvency practitioners, creditors, debtors and other stakeholders in both corporate and personal insolvency contexts.

Nick has significant fraud and asset tracing experience. He has acted for and advised applicants, defendants and third parties in relation to freezing orders, various injunctive relief and disclosure and delivery up applications. He is currently acting in a multi-party, multi-jurisdiction dispute for enforcement receivers appointed to recover assets to meet a high value Confiscation Order obtained by the Serious Fraud Office arising from a significant fraud.

Nick has also acted in commercial litigation matters relating to structured products, shareholder disputes, professional negligence, and high-value trusts for companies, banks and high net worth individuals.

  • Banking and financial services litigation
  • Commercial litigation
  • Dispute resolution
  • Fraud and asset tracing
  • Restructuring and insolvency

Securities litigation

Acting for a global asset manager in connection with litigation relating to a portfolio of RMBS and CMBS assets including claims in England and securities fraud claims in New York and California.

Shareholder dispute

Acting for a New York private equity investor in connection with a claim relating to the disclosure of confidential information in connection with a significant portfolio divestment.

Financial institution arbitration

Advising a financial institution in an ICC Arbitration relating to the financing of an oil supply contract.

More: Banking and financial services litigation

Off shore asset tracing

High court litigation relating to various high value solvent and insolvent estates, both personal and corporate, in multiple offshore jurisdictions.

Securities litigation

Acting for a global asset manager in connection with litigation relating to a portfolio of RMBS and CMBS assets including claims in England and securities fraud claims in New York and California.

Shareholder dispute

Acting for a New York private equity investor in connection with a claim relating to the disclosure of confidential information in connection with a significant portfolio divestment.

Family trust dispute

Advising members of a family in relation to a trust dispute, which is going to the Court of Appeal.

Enforcement receivership

Acting for enforcement receivers to satisfy a high value Confiscation Order obtained by the Serious Fraud Office following a significant fraud. This relates to multi-party high court litigation and a significant offshore structure.

Judgement enforcement

Acting for a receiver in relation to the enforcement of a High Court judgment against a Ukrainian oil company.

More: Commercial litigation

Enforcement receivership

Acting for enforcement receivers to satisfy a high value Confiscation Order obtained by the Serious Fraud Office following a significant fraud. This relates to multi-party high court litigation and a significant offshore structure.

A high net worth Ukrainian

Acting for Ukrainian clients in LCIA Arbitration and successfully discharged a worldwide freezing order granted by the Commercial Court.

Administration of a technology company

Acting for the administrators of a technology company placed into administration by qualifying floating charge holders.

Financial institution arbitration

Advising a financial institution in an ICC Arbitration relating to the financing of an oil supply contract.

More: Dispute resolution

Enforcement receivership

Acting for enforcement receivers to satisfy a high value Confiscation Order obtained by the Serious Fraud Office following a significant fraud. This relates to multi-party high court litigation and a significant offshore structure.

Judgement enforcement

Acting for a receiver in relation to the enforcement of a High Court judgment against a Ukrainian oil company.

A high net worth Ukrainian

Acting for Ukrainian clients in LCIA Arbitration and successfully discharged a worldwide freezing order granted by the Commercial Court.

Trustees of a frozen settlement

Advising the trustees in relation to their duties of administering a settlement frozen by order of the High Court and recognition orders in other jurisdictions.

The Trustees in the bankruptcy of a Russian businessman

Investigating the affairs of a Russian businessman declared bankrupt in England, including the successful application for and maintenance of a freezing order; litigation against third party English and offshore companies; and various Insolvency Act applications.

More: Fraud and asset tracing

The Trustees in the bankruptcy of a Russian businessman

Investigating the affairs of a Russian businessman declared bankrupt in England, including the successful application for and maintenance of a freezing order and proprietary injunction; litigation against third party English and offshore companies; and various Insolvency Act applications.

Administration of a technology company

Acting for the administrators of a technology company placed into administration by qualifying floating charge holders.

Off shore asset tracing

High court litigation relating to various high value solvent and insolvent estates, both personal and corporate, in multiple offshore jurisdictions.

More: Restructuring and insolvency

  • CIS and CEE

The Trustees in the bankruptcy of a Russian businessman

Investigating the affairs of a Russian businessman declared bankrupt in England, including the successful application for and maintenance of a freezing order; litigation against third party English and offshore companies; and various Insolvency Act applications.

A high net worth Ukrainian

Acting for Ukrainian clients in LCIA Arbitration and successfully discharged a worldwide freezing order granted by the Commercial Court.

Ukrainian parties

Part of the team acting for Ukrainian clients in LCIA Arbitration and successfully discharged a worldwide freezing order granted by the Commercial Court.

More: CIS and CEE

Awards

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